nuclear energy

EDF unveils plan to build 10 small reactors in Europe by 2035

France's state-owned EDF announced on Friday plans to build 10 small modular reactors across Europe by 2035, in a project involving its Italian subsidiary Edison that could be worth tens of billions of euros.

EIB ends 40-year nuclear hiatus with Finnish SMR investment

The European Investment Bank on Tuesday announced a €40 million loan to Finnish nuclear startup Steady Energy, marking the EU lending institution's first-ever investment in small modular reactor technology and ending a four-decade hiatus on nuclear financing.

AI data center deals push uranium past $90 a pound

Uranium prices have climbed to around $90 per pound, buoyed by a wave of nuclear power deals tied to artificial intelligence data centers, as the broader commodity super cycle lifts mining and technology stocks to new prominence on the Toronto…

South Korea nears $100B deal to build nuclear plants in U.S.

South Korea is in the final stages of negotiating a major energy investment in the United States worth more than $100 billion, a deal that would mark the first concrete outcome of the sweeping trade agreement the two countries struck…

Google signs 22-year nuclear deal with Fortum in Finland

Google Alphabet Inc. on Wednesday announced plans to invest at least €13 billion ($15.1 billion) in AI infrastructure in Finland over 2027 and 2028, coupling the company's largest-ever single European investment with a 22-year nuclear power purchase agreement with Finnish…

Google commits $15B to Finland in its largest European investment

Alphabet's Google on Wednesday announced plans to invest at least €13 billion ($15.1 billion) in artificial intelligence infrastructure in Finland over the next two years, marking the company's single largest investment in Europe.

  • 2 mins

Erdogan signals new nuclear plant projects with Russia

Turkish President Recep Tayyip Erdogan announced on Tuesday that Turkey plans to pursue new nuclear power plant projects with Russia, deepening an energy partnership that is likely to draw scrutiny from Western allies as the war in Ukraine continues.

  • 2 mins

Trump sends Saudi nuclear deal to Congress, ties it to Israel recognition

President Donald Trump has formally transmitted a civil nuclear energy agreement with Saudi Arabia to Congress, setting the stage for months of legislative debate over a pact that could reshape U.S. nuclear exports and Middle East diplomacy. The agreement was…

Record French nuclear shortfall as heat, jellyfish hit reactors

A prolonged summer heatwave is straining power grids across southern and central Europe, forcing nuclear plant shutdowns, depleting hydroelectric reserves, and driving electricity prices sharply higher in Italy, Hungary, and France simultaneously.

Danube crisis squeezes Black Sea grain exports

Record-low water levels on the Danube River are disrupting energy supplies and squeezing grain exports across Central and Eastern Europe, as successive heat waves and months of drought push the continent's second-longest river to historic lows.

Scientists first detect antineutrinos from spent nuclear fuel

The Double Chooz collaboration has reported the first direct measurement of antineutrinos emitted by spent nuclear fuel, demonstrating that a nuclear reactor remains detectable by particle physics instruments long after its chain reaction has stopped. The results, published in Physical…

  • 3 mins

Romania declares state of emergency after Danube crisis shuts nuclear reactor

Romania declared a nationwide state of emergency for the month of August after record-low water levels in the Danube River forced the shutdown of a reactor at the country's only nuclear power plant, cutting roughly a fifth of its electricity…

Trump approves nuclear deal that could let Saudi Arabia enrich uranium

President Trump has formally approved a 30-year civilian nuclear cooperation agreement with Saudi Arabia that could eventually allow the kingdom to enrich uranium on its own soil, according to multiple U.S. officials. The deal, worth tens of billions of dollars,…

NASA prices nuclear Mars mission at $2.1 billion

NASA has submitted a preliminary cost estimate of approximately $2.1 billion to Congress for Space Reactor-1 Freedom, the agency's first nuclear-powered interplanetary spacecraft, according to documents outlining spending plans across fiscal years 2026 through 2029. The mission, championed by Administrator…

Trump tentatively agrees to let Saudi Arabia enrich uranium without standard safeguards

The Trump administration has tentatively agreed to allow Saudi Arabia to enrich uranium without requiring the kingdom to adopt international safeguards designed to prevent nuclear weapons development, according to a CNN report published Friday based on sources and documents reviewed…

COP29 chief warns heat waves outpacing climate forecasts

A record-breaking series of heat waves sweeping across Europe and the United States has alarmed climate scientists and energy officials, with Azerbaijan's climate representative warning that extreme weather is outpacing expectations and disrupting even nuclear power generation.

Iran touts $25B nuclear deal with Russia as US talks stall

Iran's ambassador to Russia revealed this week that Tehran and Moscow signed a $25 billion memorandum of understanding for nuclear cooperation, describing the agreement as the largest joint nuclear project ever undertaken between the two countries. The announcement came amid…